Colorado Lease Agreements | Residential & Commercial

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A Colorado lease agreement is written between a lessor and lessee to make a formal contract for the renting of commercial or residential property. It’s recommended that the landlord obtain the tenant’s personal information in order to properly run a credit and background check and to know if they are credible to pay rent on a monthly basis.

Rental Application – A tool used by the landlord to obtain the tenant’s personal information and consent to run a background check and credit report.

Table of Contents

Agreement Types (6)


Commercial Lease Agreement – For the use of any type of non-residential property including but not limited to land, office, retail, industrial, and storage space.

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Month to Month Lease Agreement – Known as a tenancy at will, allows the tenant and landlord to have a basic rental arrangement with no end date. The contract is canceled by sending a notice to the other party.

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Rent-to-Own Lease Agreement– Standard residential lease template with the added option of being able to purchase the premises.

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Room Rental (Roommate) Agreement– Contract amongst roommates to clarify payment, cleaning, and everyday responsibilities of the rental unit.

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Standard Lease Agreement– Fixed-term arrangement with a start and end date. Typically for one (1) year.

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Sublease Agreement – Allows a subtenant, with the written consent of the landlord, to take over another’s lease.

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Required Disclosures (1)

Lead Paint Disclosure – Under federal law, required for any housing structure built prior to 1978.

Access

There are no rules set by the State but the landlord is always recommended to give the tenant reasonable notice.

Security Deposit

Maximum – No cap.

Returning (§ 38-12-103 & § 38-12-104) – The landlord must send payment within one (1) month if the lease does not mention a return timetable. If the lease does mention a return range it cannot be more than sixty (60) days. If the lease was broken due to a hazardous condition because of gas equipment tenant should receive their money within seventy-two (72) hours.

(Video) What are the Colorado Rental Laws?